Press release
Space Propulsion Market Report 2023-2032: Market Size, Analysis, Share, And Industry Report | OHB SE, Accion System, Boeing, Northrop Grumman Corporation, MAXAR Technologies
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company's Space Propulsion Global Market Report 2023 identifies Increased government investments in space technology as the major driver for the Space Propulsion market's growth in the forecast period. For instance, in 2021, Westcott Space Cluster in Aylesbury Vale Enterprise Zone invested in a new National Space Propulsion Test Facility (NSPTF), which collected £4 million ($5.44 million) in sponsoring from the UK government Space Agency.
The global space propulsion market size grew from $8.25 billion in 2022 to $9.26 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global space propulsion is expected to grow to $15.56 billion in 2027 at a CAGR of 13.8%.
Download Free Sample Of Space Propulsion Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=6011&type=smp
Major competitors in the Space Propulsion market are OHB SE, Accion System, Boeing, Northrop Grumman Corporation, MAXAR Technologies.
A key trend in the Space Propulsion market includes Research and development. For instance, in 2021, the US federal government remains the major source of funding for space R&D. Investment in new space industries now accounts for approximately $5 billion to $6 billion per annum in Space Research & Development investment up from less than $1 billion only a decade ago. Some of these industries receive funding from investment firms, while others are backed by their wealthy founders. Commercial research and development investing within the space department have grown by 22% per annum and more than twice the 10% improvement for US government spending.
Read More On The Global Space Propulsion Market Report Here:
https://www.thebusinessresearchcompany.com/report/space-propulsion-global-market-report
The Space Propulsion market is segmented -
1. By Type: Chemical Propulsion, Non-chemical Propulsion
2. By Platform: Satellites, CapsulesCargos, Interplanetary Spacecraft & Probes, Rovers/Spacecraft Landers, Launch Vehicles
3. By End User: Commercial, Government & Defense
4. By System Component: Chemical Propulsion Thrusters, Electric Propulsion Thrusters, Propellant Feed Systems, Rocket Motors, Nozzles, Propulsion Thermal Control, Power Processing Units
5. By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO), Beyond Geosynchronous Orbit
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Space Propulsion market.
The Business Research Company's "Global Space Propulsion Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Space Propulsion Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6011
The Table Of Content For The Space Propulsion Market Include:
1. Executive Summary
2. Space Propulsion Market Characteristics
3. Space Propulsion Market Trends And Strategies
4. Space Propulsion market - Macro Economic Scenario
5. Space Propulsion Market Size And Growth
……
26. Africa Space Propulsion Market
27. Space Propulsion Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Space Propulsion Market
29. Space Propulsion Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
The Business Research Company's Space Propulsion Global Market Report 2023 identifies Increased government investments in space technology as the major driver for the Space Propulsion market's growth in the forecast period. For instance, in 2021, Westcott Space Cluster in Aylesbury Vale Enterprise Zone invested in a new National Space Propulsion Test Facility (NSPTF), which collected £4 million ($5.44 million) in sponsoring from the UK government Space Agency.
The global space propulsion market size grew from $8.25 billion in 2022 to $9.26 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global space propulsion is expected to grow to $15.56 billion in 2027 at a CAGR of 13.8%.
Download Free Sample Of Space Propulsion Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=6011&type=smp
Major competitors in the Space Propulsion market are OHB SE, Accion System, Boeing, Northrop Grumman Corporation, MAXAR Technologies.
A key trend in the Space Propulsion market includes Research and development. For instance, in 2021, the US federal government remains the major source of funding for space R&D. Investment in new space industries now accounts for approximately $5 billion to $6 billion per annum in Space Research & Development investment up from less than $1 billion only a decade ago. Some of these industries receive funding from investment firms, while others are backed by their wealthy founders. Commercial research and development investing within the space department have grown by 22% per annum and more than twice the 10% improvement for US government spending.
Read More On The Global Space Propulsion Market Report Here:
https://www.thebusinessresearchcompany.com/report/space-propulsion-global-market-report
The Space Propulsion market is segmented -
1. By Type: Chemical Propulsion, Non-chemical Propulsion
2. By Platform: Satellites, CapsulesCargos, Interplanetary Spacecraft & Probes, Rovers/Spacecraft Landers, Launch Vehicles
3. By End User: Commercial, Government & Defense
4. By System Component: Chemical Propulsion Thrusters, Electric Propulsion Thrusters, Propellant Feed Systems, Rocket Motors, Nozzles, Propulsion Thermal Control, Power Processing Units
5. By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO), Beyond Geosynchronous Orbit
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Space Propulsion market.
The Business Research Company's "Global Space Propulsion Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Space Propulsion Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6011
The Table Of Content For The Space Propulsion Market Include:
1. Executive Summary
2. Space Propulsion Market Characteristics
3. Space Propulsion Market Trends And Strategies
4. Space Propulsion market - Macro Economic Scenario
5. Space Propulsion Market Size And Growth
……
26. Africa Space Propulsion Market
27. Space Propulsion Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Space Propulsion Market
29. Space Propulsion Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
